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For the Month Ended April 30, 2019 Adjusted Trial Balance Account Titles Dr. Cr. Cash 10,000 Accounts Receivable 7,840 PrepaiPost the closing entries to Income Summary and Retained Earnings. (Post entries in the order of journal entries posted in thePrepare a post-closing trial balance at April 30. DESOUSA COMPANY Post-Closing Trial Balance Debit Credit $ Totals

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Answer #1

T account

Income summary
Apr 30 12328 Apr 30 15590
Apr 30 3262
Retained earnings
Apr 30 3650 Beg Bal 7960
Apr 30 3262
Apr 30 7572

Post closing trial balance

April 30

Debit Credit
Cash 10000
Account receivable 7840
Prepaid rent 2280
Equipment 23050
Accumulated depreciation-equipment 4921
Account payable 4920
Interest payable 57
Notes payable 5700
Common Stock 20000
Retained earnings 7572
Total 43170 43170
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